How Many Billions Would It Take to Hold Meta Accountable?
Meta got hit this week with its biggest fine yet, the latest in a mounting pile of court-ordered payments.
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Netflix can’t fire its way out of this downward spiral
Netflix co-CEOs Ted Sarandos and Greg Peters assured investors this week that they have nothing to be concerned about. Sure, the company was going to lay off 1,000 employees, downsizing its product, tech, and legal departments, and was ousting its chief content officer, film chairman, and film vice president. But it had also hired a […]
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Intel CTO tells Dwarkesh Patel the world lacks tools to 10x chip output
Intel could not make 10 times more leading-edge wafers even if it wanted to, says its chief technology officer, Pushkar Ranade. The world lacks the chipmaking tools. Doubling output is about the limit, he told Dwarkesh Patel on the Dwarkesh Podcast. Patel filmed the episode during a two-day tour of Intel’s most advanced fab in […]
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Zuckerberg planned to sell his home, so Meta built him a wealth tax deal
Meta says Mark Zuckerberg “would effectively be paying to serve” as its chief executive if California taxes its billionaires. So it is creating new shares he can sell to cover the bill. In return, he has promised to stay in the state, an SEC filing published on Wednesday shows. The deal followed months of talks […]
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Microsoft nominates Stripe’s Collison to its board and trims Nadella’s pay
Microsoft has nominated Stripe co-founder and president John Collison to its board, the company disclosed on Wednesday in its annual proxy statement. The same filing asks shareholders to approve a $90.6m pay package for chief executive Satya Nadella, down about 6% from $96.4m a year earlier, The Information reported. Collison, 36, would take one of […]
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Nvidia has put $170bn on the line for neoclouds, The Information reports
Jensen Huang told CNBC on Thursday that demand for neoclouds is “off the charts”, Business Insider reported. His company has put more than $170bn on the line for them and other large customers, according to an analysis of its filings by The Information. The publication also reported that Nvidia is in talks to back one […]
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Walmart will let AI agents shop for you, with their own spending limits
Walmart will let AI agents shop for customers on Walmart.com and at Sam’s Club, each with its own profile, spending limit and purchase history. The retailer announced Agent Profiles, a gateway built for agents and a set of terms they must follow on Wednesday. Chief executive John Furner presented the plans at the Masters of […]
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Palmer Luckey Made a Genetically Modified Military Dog Startup
Warhound came out of stealth on Wednesday with $200 million in funding and a mission to create “elite working dogs” equipped with “advanced body armor.”
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The Social Society Helping Women Join the AI Boom
WIRED spoke with the founders of the Aged Intelligence Society, a fast-growing events startup that brings women together to “solve midlife problems using frontier tools.”
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Sure, let’s smoosh SpaceX and Tesla together, who cares
Oh sure, SpaceX’s credit risk is pretty high because it’s about to borrow another $40 billion to spend on Nvidia chips, but who cares about that? SpaceX and Tesla have formed special committees to discuss a merger! The degree to which you find this merger compelling likely has to do with the degree to which […]
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